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- allancoleman
» allancoleman - taxes
In response to taxes posted by Happy_2:
Although $14,000 sounds like alot of dollars today , Happy_2 , with my critical mass , it would be higher if I were required to take my RMD now without done all the Roth conversions I've done in the past since they were first allowed . And when I pull another double in eight years by the time I'm 70 , my RMD could be well over $185k a year and could have been as high as $300k if I didn't already begin this Roth conversion strategy years ago .
And although I agree at our age , three years is a long time , If I don't do these Roth conversions NOW in these lower tax brackets , I will be in the highest tax bracket FOREVER at RMD age . Sometimes too much money can be a problem . But a good problem . 
. With my Roth conversion strategy , I hope to be the first multi - millionaire that pays NO taxes , legally .
-- posted by allancoleman
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